“What’s Different About the Wealthy? They’re Patient…”

Andy Rice News Leave a Comment

Read Andy’s article published by Advisor One discussing “How The Wealthy Have Endured Tough Times Through Extreme Patience and Emotional Control…” Patience.  Who has any of that anymore, especially when our own government illustrates that we should be able to have anything and everything we want immediately! Credit cards have allowed people to spend money they don’t have, while easy …

Stocks Close Down as Santa Drops a Lump of Coal in our Stockings

Audrea News Leave a Comment

Stocks Close Down So much for the so-called ‘Santa Claus’ rally as stocks close down this past week as investors were treated to a big lump of coal in their stockings as all the major equity indexes were down on the week. Sentiment was particularly negative the first three days of trading for the past week as Moody’s Investors Service and Fitch …

Thank You Ben Bernanke!

Audrea News Leave a Comment

Stocks closed out last week considerably higher as investors were pleased with Federal Reserve Chairman Ben Bernanke’s comments as to our struggling economy and his decision to leave the door open for additional accommodation measures. Stocks pared losses throughout last Friday and turned higher for much of the afternoon session. At one point, the Dow was up 177 points before …

Eight Questions to Ask About Roth IRA Conversions: ADVICE Column

Andy Rice News Leave a Comment

In a previous article, I couldn’t tackle all the issues associated with this complicated conversion dilemma, nor can I completely finish them here. However, I’d like to propose a number of additional issues worth considering, based on feedback to my original article, in the hope that it, as well as other discussions, will prompt advisors to step back and at …

Social Security in Trouble

Andy Rice News Leave a Comment

Recently a question was asked to Barack Obama about Social Security. The President remarked: “So here’s the thing. Social Security is not in a crisis.” Hold up a minute, maybe the President has not read the Trustee’s of Social Security Annual report issued August 5th 2010. The “Social Security Act” requires the Trustees of Social Security Trust Fund to report …